@Chris Papa, if you're going to be investing with a partner, it's definitely money well spent to hire a good attorney to form your entity and draft your operating agreement or otherwise memorialize the economic arrangement between you and your partner.  

However, I was worried about an economic downturn and the uncertainty of visitors during bad times, so I sold one of them.

@Jaime PinedoRisk variables that might impact cash flow include market fluctuations, economic downturns, and unforeseen costs.

This economic stability can mitigate risks associated with investing in a single industry-dependent region.6.

I remember learning in college economics where the supply curve meets the demand curve that is the optimal price point for maximum revenue :)

While you may receive numerous inquiries from individuals casually browsing listings, focus your time and energy on serious prospects.

A waste of time and energy - I have zero interest in competing with the Amazon of vacation rental search sites.Now I will state this:  If Airbnb was my only option, I would probably just close shop and focus on my other ventures.

Home builders are not building enough housing for variety of economic reasons.

New construction offers a unique blend of potential high returns and control over the investment, making it an attractive option for those looking to diversify their portfolios.The Advantages of New Construction InvestmentCustomization and Control: New construction projects offer investors the chance to tailor properties to meet current market demands, ensuring higher occupancy rates and returns.Energy Efficiency and Sustainability: Modern constructions come with the latest in energy-saving technologies and sustainable materials, appealing to a growing eco-conscious tenant base.Lower Maintenance Costs: With everything brand new, the initial years following a new construction project see significantly lower maintenance costs compared to older properties.Tax Incentives: Many regions offer tax benefits for new construction projects, especially those that meet certain environmental or economic development criteria.How to Approach New Construction InvestmentEmulating Buffett's investment strategy involves careful market research, understanding local real estate dynamics, and potentially partnering with experienced developers.

Join @Dave Meyer in this power-packed 60-minute session as he delves into the intricate economic trends and market dynamics shaping the Sunbelt region on 4/25!